Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Banting *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed

Landed

Commercial

Avg Transacted Price

Avg Transacted Price(Psf)

Avg For Sale Listing Price

Avg For Sale Listing Price(Psf)

Avg For Rent Listing Price

Avg For Rent Listing Price(Psf)

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Neighbourhood Review

Accessibility

Traffic

Safety

Convenience

Banting is a town located within the district of Kuala Langat, Selangor and it is also placed on the banks of the Langat River. Some of the attractions located within Banting and a short drive away includes the historical city of Bandar Jugra, beaches and hills.

Being located a fair distance away from major cities, the prices of properties in Banting are still well within range for those of the middle income group, while a large portion of the land encompassing Banting are used for agricultural purposes.

Banting is also known to be the hometown to one of Malaysia’s most famous badminton players Rashid Sidek, and with every town having its own skeletons in the closet, Banting is also most unfortunately renowned to be the location of one of Malaysia’s most high profile murder cases which involved a cosmetics magnate.

Consumer Price Index

This is a representation of Selangor Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.644% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.448% in the year 2014 while surging by 2.523% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 111.0 in 2014, 113.8 in 2015.

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